BTC $64,061.08 -0.59%
ETH $1,860.85 -0.32%
BNB $566.59 +1.01%
XRP $1.09 -0.46%
SOL $73.91 -0.70%
TRX $0.3297 -0.16%
DOGE $0.0698 +1.79%
ADA $0.1634 -0.69%
BCH $210.51 +0.99%
LINK $8.36 +0.10%
HYPE $57.55 -0.90%
AAVE $90.88 -3.13%
SUI $0.7073 -2.05%
XLM $0.1780 -1.15%
ZEC $478.49 -3.59%
BTC $64,061.08 -0.59%
ETH $1,860.85 -0.32%
BNB $566.59 +1.01%
XRP $1.09 -0.46%
SOL $73.91 -0.70%
TRX $0.3297 -0.16%
DOGE $0.0698 +1.79%
ADA $0.1634 -0.69%
BCH $210.51 +0.99%
LINK $8.36 +0.10%
HYPE $57.55 -0.90%
AAVE $90.88 -3.13%
SUI $0.7073 -2.05%
XLM $0.1780 -1.15%
ZEC $478.49 -3.59%

Kaiko: The Bitcoin premium on Binance.US is a reflection of insufficient market liquidity

2023-05-10 22:05:49
Collection

ChainCatcher news, Kaiko data shows that Bitcoin is trading at a 2.5% premium on Binance.US compared to other U.S. exchanges. Blockchain analytics firm Kaiko states that the premium trading of Bitcoin (BTC) on Binance.US is a sign of market illiquidity, rather than evidence of market makers exiting the platform. Speculation about market makers potentially leaving the platform is merely a rumor, as its market depth has not changed.

ChainCatcher previously reported that the trading premium for Bitcoin on the Binance.US market reached as high as $700. (source link)

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